The Bank of England has increased interest rates by 25 basis points as anticipated. However, it will face the challenge
Category: Allianz

No quick wins: more jobs but little productivity in the Eurozone
Despite the initial expectations of severe damage to labor markets due to the crisis, the impact has not been as

Commercial real estate concerns for US banks
Some US banks are facing ongoing challenges, especially those with significant exposure to commercial real estate (CRE). The office sector,

Allianz Trade in Canada celebrates 100 years
In 2023, Allianz Trade, which is the biggest supplier of private trade credit insurance in Canada, will be marking its

Everything Everywhere All At Once
The negative impact of the near-death experience in the US banking sector and the unresolved energy situation in Europe will

Swiss shotgun wedding: what’s next?
UBS has agreed to purchase Credit Suisse in an all-share deal for USD3.25bn, which was brokered by the government. This

Mind the gap: the USD30trn global liquidity gap is here to stay
In 2022, listed companies worldwide experienced a significant increase of +9 days in their Global Working Capital Requirements (WCR), reaching

International Women’s Day: Employ and pay them more!
Women in the EU receive on average 13% lower gross hourly earnings compared to men, which, while smaller than the

Africa’s journey to net zero: USD7trn just for energy
The transition to green energy presents an unprecedented opportunity for African development. It offers a chance to reduce poverty and

Russia’s War Economy
Despite facing Western sanctions, the Russian economy proved to be more resilient than anticipated, with a contraction of just -2.1%
